Description
BSE lists new 18% coupon debt securities of Magnum Ventures Limited worth Rs. 5 crore on private placement basis.
Summary
BSE has listed new debt securities of MAGNUM VENTURES LIMITED issued on private placement basis, effective August 14, 2025. The securities carry an 18% annual interest rate with monthly payments and mature on August 31, 2027.
Key Points
- Total quantity: 5,000 securities
- Face value: Rs. 1,00,000 per security
- Issue price: Rs. 1,00,000 per security
- Interest rate: 18% per annum (monthly payments)
- Credit rating: Acuite BB Stable
- Scrip code: 975493
- ISIN: INE387I07013
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Tick size is 1 paise
- Trading members should refer to Placement Memorandum for additional details
Important Dates
- Date of allotment: August 12, 2025
- Trading commencement: August 14, 2025
- Maturity date: August 31, 2027
- Interest payment: Monthly
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors access to high-yield debt instruments from Magnum Ventures Limited with BB rating.
Impact Justification
Routine debt security listing with limited market impact